Guangdong Huatie Tongda High-speed Railway Equipment Corporation

SZSE:000976 Stock Report

Market Cap: CN¥654.2m

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Guangdong Huatie Tongda High-speed Railway Equipment Valuation

Is 000976 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 000976 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 000976's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 000976's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000976?

Key metric: As 000976 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 000976. This is calculated by dividing 000976's market cap by their current book value.
What is 000976's PB Ratio?
PB Ratio0.2x
BookCN¥3.15b
Market CapCN¥654.23m

Price to Book Ratio vs Peers

How does 000976's PB Ratio compare to its peers?

The above table shows the PB ratio for 000976 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.4x
300103 Dagang Holding GroupLtd
3.8xn/aCN¥2.3b
300865 Chengdu Dahongli MachineryLtd
3xn/aCN¥2.7b
688485 Beijing Jiuzhouyigui Environmental Technology
1.2xn/aCN¥1.4b
600841 Shanghai New Power Automotive Technology
1.7xn/aCN¥6.0b
000976 Guangdong Huatie Tongda High-speed Railway Equipment
0.2xn/aCN¥654.2m

Price-To-Book vs Peers: 000976 is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (1.5x).


Price to Book Ratio vs Industry

How does 000976's PB Ratio compare vs other companies in the CN Machinery Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
Industry Avg.2.3x31.5%
000976 Guangdong Huatie Tongda High-speed Railway Equipment
0.2xn/aUS$91.99m
No more companies available in this PB range
000976 0.2xIndustry Avg. 2.3xNo. of Companies65PB01.22.43.64.86+
1 CompanyEstimated GrowthMarket Cap
Industry Avg.2.3x31.5%
000976 Guangdong Huatie Tongda High-speed Railway Equipment
0.2xn/aUS$91.99m
No more companies

Price-To-Book vs Industry: 000976 is good value based on its Price-To-Book Ratio (0.2x) compared to the CN Machinery industry average (1.8x).


Price to Book Ratio vs Fair Ratio

What is 000976's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

000976 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 000976's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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